Motorola is in the midst of a climb back into relevance and, quite surprisingly, it seems to be making more progress than had been projected. Are you sitting down? Motorola just reported its Q2 2009 earnings and… It’s in the black! That’s right people, Moto managed to eek out a $26 million profit albeit on the back of major cost cutting efforts including the reduction of its workforce by around 7,000 jobs. Mobile Devices remains Moto’s weakest link, having posted $1.8 billion in sales ...

Verizon, on its investor conference call this morning, reaffirmed its intentions to launch the Palm Pre in early 2010. While news of Palm’s revival handset hitting Verizon in the near future is hardly a surprise, Pre hopefuls loyal to Big Red will certainly find comfort in hearing VZW announce the news publicly once again. The impending arrival of the Pre comes alongside Verizon’s Q2 earnings report, which was otherwise laden with bad news. Revenue came in at $26.9 billion, up 11 percent YoY but p...